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Articles for tag: boosts, Gas, OGDC, Pakistans, projects, Unconventional

December 6, 2025

News Desk

Pakistan’s OGDC boosts unconventional gas projects

A part of a captive power plant in Pakistan. — Reuters/File An OGDC official says the company has tripled its gas-tight study area. Company open to partners “on a mutual basis”: official. Shale expansion program in five-six wells by 2026-27. Pakistan’s state-run Oil and Gas Development Corporation (OGDC) is planning a major expansion of unconventional gas developments from early next year, aiming to boost production and reduce dependence on imported liquefied natural gas. Pakistan has long been considered to have potential in both tight and shale gas, which are trapped in rock and can only be released by specialized drilling,

May 7, 2025

News Desk

Purchases dives in the midst of India-Pakistan intensity, KSE-100 closes over 3,500 degrees below

Listen to the article Pakistan’s KSE-100 reference index organized a partial recovery on Wednesday after sinking over 6,500 outdoors, with the market feeling hit by the military escalation between India and Pakistan in more than two decades. The index touched a low intraperitoneal 107.007.68 before closing at 110,009.02, below 3,559.48 points or 3.13%. The sharp dip followed news of the strikes of the Indian rockets in Pakistani territory and the Pakistani military action. The sale throughout the boat was observed in large sectors, including commercial banks, oil exploration and gas, oil marketing and electricity production. Heavy indicators’ stocks such as

February 14, 2024

News Desk

SSGC is considering a replacement plan amid depleted stocks

KARACHI: Sui Southern Gas Company Limited (SSGC) is awaiting the government’s signal of approval to set up a cost-effective natural gas import substitution worth more than $1 billion a year. This strategy includes reusing shut-in wells and encouraging exploration companies to discover tight gas. The move comes as imported natural gas (Liquefied Natural Gas) has become unaffordable due to the massive depreciation of the rupee in recent times. Briefing journalists at his office, SSGC CEO Imran Maniar highlighted the challenges associated with completing international gas pipeline projects. Projects like the Turkmenistan-Afghanistan-Pakistan-India (TAPI) and Iran-Pakistan (IP) lines are proving “very, very

January 25, 2024

News Desk

E&P companies will invest $33 million for oil and gas exploration

Islamabad: Exploration and production (E&P) companies are set to invest $33.3 million over the next three years in eight blocks to search for hydrocarbon reserves in a bid to overcome the country’s energy crisis. These companies on Wednesday signed petroleum concession agreements (PCAs) with the government and got exploration permits. The exploration blocks awarded to the Oil and Gas Development Company (OGDC) were Kotra East (2,867-8), Murradi (2,767-7), Sehwan (2,667-19) and Zindan-II (3,271-9). Pakistan Oilfields Limited (POL) got Multanai block (3,168-3), while Sawan South (2,668-26) went to United Energy Pakistan Limited (UEP) – a Chinese E&P company. Gambat-II block (2,668-25)

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